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Has China's coal boom hit the buffers?

2014-02-24 01:34:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: In what could prove to be one of the most significant developments for the fight against climate change in years, new figures have confirmed that growth in Chinese coal consumption stalled last year. State media agency Xinhua reported late last week on new figures from the China National Coal Association (CNCA) confirming that coal consumption in the country rose by 2.6 per cent last year to 3.61 billion tonnes. The slowdown represents a drastic change for a market that has been used to double-digit...

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